✦ LIBER ✦

Is the income elasticity of environmental improvements less than one?

✍ Scribed by Bengt Kristrom; Pere Riera

Book ID: 104768663
Publisher: Springer
Year: 1996
Tongue: English
Weight: 639 KB
Volume: 7
Category: Article
ISSN: 0924-6460
DOI: 10.1007/bf00420426

No coin nor oath required. For personal study only.

✦ Synopsis

We estimated the income elasticity of environmental improvements for a number of European data-sets. The value of this parameter is consistently found to be less than one, with few exceptions. Our findings are compared with state-of-the-art contingent valuation studies from other countries. We also compared our findings with those reported in the literature on charitable donations and corporate donations. These studies show a similar pattern; donations decrease as a percentage of income, as income increases.

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